U.S. regulators on Wednesday proposed simplifying a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account in order to make compliance easier for many firms. The rewrite of the so-called Volcker Rule marked another step by regulators under U.S. Preside...
The post Fed unveils rewrite of ‘Volcker Rule’ limits on bank trading appeared first on Raw Story.
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